China--A country without feasibility studies?

Washington Post:

China’s ghost towns point to nation’s waning fortunes

The industrial heartland was built for growth, but the economic tide has turned and signs of a slowdown are spreading.

I have had several posts on the ghost cities of China.  It is a story of huge buildings where people bought condos and apartments but never moved in hoping to sell them for a profit.  The same thing happened for retail spaces in these cities.   The real estate bubble in China will probably be bigger than the stock market bubble.

While the other markets are reacting to the Chinese downturn, I suspect that investors will want to put their money in the US markets in the long run.  While there is some volatility, in the long run they are probably much safer than the Asian markets at this time.